Gen Z, Millennials Taking More International Trips this Holiday Season

34% of travelers plan to fly to their destination this year, and of those, 38% plan to use a rental vehicle. Photo: Enterprise Mobility With Thanksgiving less than a week away, more than two-thirds (68%) of Americans are planning at least one overnight trip, 50-plus miles away from home between November 2024 and January 2025,… Continue reading Gen Z, Millennials Taking More International Trips this Holiday Season

October, Year-To-Date Auction Vehicle Sales Grow at Steady Clip

Auction sales of vehicles up to 5-years-old — which includes most off-lease, rental, and fleet company sales — rose 11.2% compared to last October. Graphic: AuctionNet Wholesale auction sales exceeded 621,500 units in October, up 11.6% on a prior year basis after adjusting for selling day differences since October had two more selling days than… Continue reading October, Year-To-Date Auction Vehicle Sales Grow at Steady Clip

Carwiz Taps AI for Business and Employee Education

Željana Babić, director and founder of XENIOS LMS (L), and  Krešimir Dobrilović, founder and president of Carwiz International’s management board, signed the contract. They were joined by Barbara Mrkić, a marketing consultant at Green Motion International. Photo: Carwiz Carwiz International will become one of the first rental car companies in the world to use an… Continue reading Carwiz Taps AI for Business and Employee Education

Rental, Government Fleets Spur Oct. Sales

72,407 vehicles were sold into rental fleets in October 2024, compared to 47,482 in October 2023, for a 52.5% spike.  Graphic: Bobit A spike in rental fleet sales and a healthy increase in government fleet sales helped narrow a gap in year-to-date fleet sales compared to the same period in 2023, according to monthly Bobit fleet… Continue reading Rental, Government Fleets Spur Oct. Sales

JD Power Recognizes Advantage Car Rental, EZ Rent A Car for Customer Satisfaction

Advantage and EZ run Florida locations in Miami, Fort Lauderdale, Orlando, Tampa, Sarasota, and Jacksonville. Graphic: Advantage Car Rental JD Power and Associates recently awarded Advantage Car Rental and EZ Rent A Car top honors in the 2024 North America Rental Car Satisfaction Study.  This award recognizes customer satisfaction, quality service, and value as car… Continue reading JD Power Recognizes Advantage Car Rental, EZ Rent A Car for Customer Satisfaction

Length of Rental Decline Moderates Slightly in Q3 2024

In Q3 2024, Alaska had the highest LOR at 20.4days, a 1.5-day drop. New Mexico was second highest at 19.6 days, followed by Colorado (19.5) and Rhode Island (19.5).  Graphic: Enterprise Rent A Car The overall length of rental (LOR) for collision-related rentals in Q3 2024 was 16.3 days, a 1.2-day decline from Q3 2023,… Continue reading Length of Rental Decline Moderates Slightly in Q3 2024

Enterprise Mobility Recaps FY 2024 Performance

In FY24, Enterprise Mobility continued to evaluate the many ways technology can be leveraged to enhance team member and customer experiences, including ways to reduce friction in the travel journey, better inform decision making, and help employees serve customers. Photo: Enterprise Mobility Enterprise may be synonymous with rental cars, but the latest reach of the… Continue reading Enterprise Mobility Recaps FY 2024 Performance

Seeking Agenda Ideas for ICRS 2025

The 2025 International Car Rental Show is less than six months away. Attendees may now suggest session and presentation topics.  Photo: Ross Stewart / Stewart Digital Media The world’s leading car rental show seeks creative, insightful, and engaging ideas for its educational sessions. Can you recommend topics, presentations, speakers, panelists, and formats? Then check out… Continue reading Seeking Agenda Ideas for ICRS 2025

Finalrentals Adds Qatar Location to Middle East Area Network

The Qatari car rental market is projected to reach $159 million by 2027 and an annual growth rate of 9.27%. Photo: Finalrentals Global car rental network Finalrentals recently added Qatar to its rapidly growing Middle East locations.  Finalrentals has secured a partnership with Safety Rent a Car, enabling the company to offer car rental services… Continue reading Finalrentals Adds Qatar Location to Middle East Area Network

Flexter Extends Reach Throughout the U.K. and U.S.

Flexter’s platform offers a full range of truck rental options, from small vans and pickup trucks for local moves to larger trucks for large cargo and long-haul journeys.  Graphic: Flexter Flexter recently achieved a major milestone in its mission to simplify and improve the process of renting a van or truck online. Its proprietary platform… Continue reading Flexter Extends Reach Throughout the U.K. and U.S.